36plz help The value of marginal product of labor increases if...OA. more of the good is producedB. more labor is hiredO c. using a new technology reduces the demand for laborOD. the market price of the good produced rises

Value of the marginal product is the demand for the input.

The value of marginal product of labor increases if OA. more of the good is produced OB. more labor is hired O c. using a new technology reduces the demand for labor OD. the market price of the good produced rises

The value of marginal product of labor increases if OA. more of the good is produced OB. more labor is hired O c. using a new technology reduces the demand for labor OD. the market price of the good produced rises

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter30: The Labor Market

Section: Chapter Questions

Problem 14E

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36plz help

The value of marginal product of labor increases if
...
OA. more of the good is produced
B. more labor is hired
O c. using a new technology reduces the demand for labor
OD. the market price of the good produced rises

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